Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-09-29 20.197145 23.051393 26.168060 29.824572 33.998135 38.614911 44.111816
2024-10-06 17.045145 20.966028 25.576691 31.401484 38.569907 47.112084 58.078439
2024-10-13 14.191654 18.678918 24.321487 31.944756 41.990338 54.798602 72.409795
2024-10-20 11.547993 16.193966 22.414663 31.365391 43.942667 61.031947 86.099624
2024-10-27 9.626083 14.331626 21.017105 31.227617 46.475447 68.481668 102.808714
2024-11-03 8.426261 13.281088 20.579526 32.378762 51.053708 79.606172 126.846157
2024-11-10 7.509861 12.496582 20.407559 33.910328 56.501051 92.997328 156.882422
2024-11-17 6.531614 11.442731 19.641726 34.376940 60.366162 104.614949 186.349902
2024-11-24 5.479296 10.078565 18.137277 33.346882 61.552039 112.029249 210.166938
2024-12-01 4.612221 8.886557 16.728816 32.237246 62.406363 119.032882 234.653336
2024-12-08 4.017154 8.091888 15.905251 32.064717 64.979301 129.654408 268.086353
2024-12-15 3.576929 7.518935 15.404640 32.431092 68.678636 143.111045 309.834003
2024-12-22 3.171946 6.961498 14.874038 32.720198 72.454300 157.777228 357.927224
2024-12-29 2.908149 6.656131 14.815131 34.016581 78.678808 178.863112 424.728497
2025-01-05 2.595545 6.185022 14.318409 34.258893 82.633973 195.807202 485.913885
2025-01-12 2.251558 5.576669 13.406072 33.370092 83.800535 206.648800 535.038929
2025-01-19 1.991461 5.120030 12.765225 33.014466 86.207255 220.959104 596.119419
2025-01-26 1.841120 4.909573 12.685303 34.061583 92.412239 246.020385 691.110474
2025-02-02 1.726151 4.769385 12.758601 35.532720 100.068039 276.442123 807.823698
2025-02-09 1.574255 4.500655 12.448550 35.909190 104.827163 300.099850 910.970271
2025-02-16 1.380755 4.078373 11.646849 34.746447 104.985698 311.007803 979.199506
2025-02-23 1.211123 3.692243 10.876021 33.523879 104.735264 320.747964 1046.378082
2025-03-02 1.095328 3.444490 10.459815 33.292614 107.489732 340.126608 1149.101000